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As inflation continues to climb, it may be small comfort that prices for iPhones, skirts and drapes are falling. ...more
June 13, 2008
The stimulus checks are working. A big increase in retail sales signaled that people are spending their rebate payments, helping to ward off a serious economic slump, at least for now. ...more
June 13, 2008
The construction industry was a huge drag on Florida's economy in 2007, causing the state's economy to flatten after several years of strong growth, according to new data from the federal government. ...more
June 6, 2008
Robert Lindsey was not surprised by new data last week that showed new home sales have fallen more than 40 percent from their peak almost three years ago. He can tell from his company's bank account. ...more
June 3, 2008
Apparel retailers who once saw the government's economic stimulus plan as way to heat up winter's dismal sales are wondering if it's ever going to get warm. ...more
June 3, 2008
The U.S. trade deficit shrank more than forecast in December and showed the first annual drop since 2001 as the faltering economy eroded demand for imported autos and Chinese-made consumer goods. ...more
February 15, 2008
Retail sales posted a surprising rebound in January following a dismal December, though much of the strength reflected rising gasoline prices. Economists saw the increase as a temporary blip rather than a sustained recovery. ...more
February 14, 2008
The number of Americans signing contracts to buy previously owned homes fell more than forecast in December, reinforcing Federal Reserve officials' view that the housing slump won't bottom out until late this year. ...more
February 8, 2008
U.S. factories saw demand for their products rise in December by the largest amount in five months, a spot of welcome news that failed to change the picture of an economy struggling to stay afloat. ...more
February 5, 2008
A jittery Wall Street advanced Monday, reversing some of Friday's sharp losses as investors took a dismal new home sales report as a sign the Federal Reserve will lower rates this week. ...more
January 29, 2008
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